in Binghamton, NY • 2026 Buying Guide
Best Month
January
$116K
Avoid
June
$165K
Potential Savings
$48K
29.3% difference
Market Type
Balanced
3.8 mo. supply
Highlight your townhouse's advantages over condos (more space, private entrance) and its affordability compared to single-family homes. End units and those with garages command premium pricing.
Median Sale Price
$154K
+10.0% YoY
Days on Market
22
median days
Inventory
107
active listings
Sale-to-List Ratio
105.4%
selling above ask
Jan
$116K
BestFeb
$120K
Mar
$101K
Apr
$101K
May
$127K
Jun
$165K
PeakJul
$145K
Aug
$141K
Sep
$119K
Oct
$124K
Nov
$133K
Dec
$139K
Based on historical sales data in Binghamton
Townhouses attract first-time buyers and downsizers, making timing more predictable. Winter offers the best deals as families are less active, but early spring (before the rush) can offer good inventory before competition heats up.
Pro Tip: With Binghamton's median price at $154K, a 20% down payment would be approximately $31K. Get pre-approved early to know exactly what you can afford.
Based on our analysis of Binghamton's housing market, January is typically the best time to buy a townhouse. During this month, prices average around $116K, which is 29.3% lower than peak prices in June. Townhouses attract first-time buyers and downsizers, making timing more predictable. Winter offers the best deals as families are less active, but early spring (before the rush) can offer good inventory before competition heats up.
The current median home price in Binghamton is $154K. Townhouse prices vary based on location, size, and condition. Year-over-year, prices have changed +10.0%. Townhouses often appreciate similarly to single-family homes in the same area while requiring less maintenance. End units and those with garages typically appreciate faster.
Binghamton has a balanced market. This means you have reasonable options without extreme competition. Take time to find the right townhouse but be prepared to move when you find it.
Key considerations for buying a townhouse in Binghamton include: End unit vs. interior - affects noise, natural light, and resale value; Understand exactly what the HOA maintains (often exterior only); Check shared wall sound insulation quality. Also watch for red flags like Shared driveways or parking issues and Evidence of water intrusion on shared walls.
Homes in Binghamton currently spend an average of 22 days on market. This indicates a fast-moving market where you need to be prepared to act quickly.
Most townhouses qualify for conventional, FHA, and VA loans Some lenders classify townhouses as condos - verify with your lender With Binghamton's median price of $154K, you'll want to get pre-approved early to understand your budget.
Looking for the best time to buy a townhouse in Binghamton? Our analysis shows that January typically offers the best prices, with homes averaging around $116K. Buying during this time could save you up to $48K compared to peak months like June.
With a median price of $154K and homes spending an average of 22 days on market, Binghamton is currently a balanced market. There's currently 3.8 months of inventory available.
Townhouses often appreciate similarly to single-family homes in the same area while requiring less maintenance. End units and those with garages typically appreciate faster.
Working with a local real estate agent who knows Binghamton can help you understand neighborhood dynamics, identify the best opportunities, and negotiate effectively in this market.
Connect with local agents who specialize in townhouses.